Worldwide People are now depending on digitized systems which makes life fast, convenient and easier to deal with. Online flight booking system is also a part of these digitalized system which enhancing the relationship between customers and airline agencies. Now international or domestic flight booking in both purpose people are mostly depending on online flight booking sites, travel agencies sites or airline websites for booking their air ticket.
International Air Transport Association (IATA) declared that it imagines the global airline industry to make a net profit in 2017 of $29.8 billion. On prediction total revenues of $736 billion, that represents a 4.1% net profit margin. This will be the third consecutive year (and the third year in the industry’s history) in which airlines will make a return on invested capital (7.9%) which is above the weighted average cost of capital (6.9%). This will still be the highest absolute profit generated by the airline industry and the highest net profit margin (5.1%).
All over theworld 5000 airlines are available among them top listed public companiesairline revenue areAmerican Airlines Group (US, 40.99$B), Delta Air (US,40.5$B), United Continental Holdings(US, 37.5 $B),Southwest Airlines (US, 35.5 $B), Lufthansa Group(Germany, 28.9 $B), Air France-KLM (France, Netherlands, 25.3 $B), International Airlines Group (UK, 20.2 $B), China Southern Airlines(17.7 $B), China Eastern Airlines(14.9 $B), All Nippon Airways(japan airline, 14.7 $B). By number of countries served top listed companies are Turkish airlines(US$ 10.522 billion), Lufthansa(€32.056 billion),Air France(£6.785 billion), British Airways(£11,443 million), Qatar Airways, Delta Air Lines United Arab Emirates(US$24.2 billion), KLM, Egypt air and United Airlines also increasing their per year revenue and there are other airlines in Asia Pacific, Africa, Middle East are also increase their revenue per year.
Globally Airlines revenue is increasing per year and this all happens because of ease of flight booking systems all over world where people can have their flight ticket offers by flight travel agencies, travel agencies or directly airline agencies. This online sites people can have their desire ticket with budget, also can have offers, can change ticket, if any change are made updates will also be confirmed thisall facilities are shown in every flight sites. International or Domestic airlines all tickets areavailable in online flight booking sites which is easy to make flight deals and easy payment system. All of these reasons over the world e-ticket system getting popular and easy to have. Some disadvantages are also there in online flight booking system like sometimes server goes down, internet is unpredictable if it’s down in transaction time, sometimes don’t get the ticket after payment, so some inconvenient moments also take place but it overcome after settlement.
Day by day revenue of airlines is increasing outstandingly per year with the help of online flight booking systems. Because of that air ticket software become more and more popular and newer version is also coming to facilitate this service. So in this digital world flight booking is now become very easier to take from online flight booking sites.
Online Flight Booking ? It's Easy If You Do It Smart
Company: Eicra Soft Limited.
Contact Name: Atiqur Rahman
Contact Email: atik@eicra.com
Contact Name: Atiqur Rahman
Contact Email: atik@eicra.com